Intra-day Usd/jpy Outlook By Acetrader - Forex Forum

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> Intra-day Usd/jpy Outlook By Acetrader, INTRA-DAY USD/JPY OUTLOOK by AceTrader
AcetraderFX
post Nov 17 2008, 3:40
Post


INTRA-DAY USD/JPY OUTLOOK: 96.71

Updating time : 17 Nov 2008 01:26 GMT

Dlr's rebound fm 95.87 (Aust.) in part due to
cross unwinding suggests an intra-day low has been
formed n risk is seen for gain to 96.90/00 n possi-
bly 97.30, however, abv 97.76 is needed to signal
retreat fm 98.30 has ended.

Exit intra-day short n stand aside. Below 96.00
/10 wud bring another fall to 95.87 n 95.50/60...

Range Forecast
96.40 / 96.90

Resistance/Support
R: 97.76/ 98.10/ 98.30
S: 95.87/ 95.13/ 94.48


http://www.acetrader.com

This post has been edited by AcetraderFX: Nov 17 2008, 3:41

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